SLP reports strong third quarter growth

Swedish logistics property company SLP (Swedish Logistic Property) has reported a strong third quarter, driven by strategic acquisitions and high rental activity. The company’s rental income increased by 24% to 920 million SEK, while operating profit rose by 25% to 818 million SEK.

CEO Filip Persson noted that the company is expanding its portfolio through several recent acquisitions, including a logistics property in Malmö and a DSV terminal in Gothenburg. SLP is also planning new developments in Helsingborg, Eskilstuna, Jönköping, and Linköping. Current construction projects involve approximately 80,000 square meters, representing investments of 700 million SEK, which are expected to increase operating net income by approximately 50 million SEK by the end of 2027.